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Bitcoin Has a High Probability of Reversing Upwards After Pullback, Says Crypto Analyst – Here’s Why

The article suggests that there is a high chance Bitcoin will reverse its recent pullback based on historical patterns. The analyst explains that Bitcoin typically experiences a correction after several weeks of upside and price discovery. This current pullback is seen as the first correction of the current cycle and is in line with previous cycles. The analyst predicts that Bitcoin will rebound from its low support range and remain within the price range of $91,000 to $101,000 for the time being. At the time of writing, Bitcoin is valued at $93,803 with a 1% decrease in the last 24 hours.

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